He said, with this historic step he has given strongest possible push to digitally enabled economy. He further said that Jio is working to empower Indian merchants by building a digital retail ecosystem which will be called Jio Money Merchant Solutions.

Former Prime Minister H D Deve Gowda, who had implemented a Voluntary Disclosure Scheme (VDS) to unearth black money during his tenure, on Thursday said the present government had carried out demonetisation in a "haphazard" manner causing "unimaginable sufferings" to the people.

Government has cut short the deadline of using old Rs 500 notes at petrol pumps and for buying airline tickets at airports till December 2 instead of December 15 announced earlier.

A day after Pay day, more chaos was witnessed outside bank offices with a large number of people queuing up to withdraw their money.

IT dept seizes over Rs 5 crore in new currency notes after searches in premises of two contractors and two engineers.

Dec 1, 2016 5:26 pm (IST)

Supply of LPG continues to be in the exempted category for the purpose of payment through old Rs 500 bank notes.

Dec 1, 2016 5:26 pm (IST)

With effect from the midnight of December 2, 2016, old Rs 500 bank notes will not be accepted at petrol, diesel and gas outlets of public sector oil and gas marketing companies as well as for purchase of air tickets at airports.

Dec 1, 2016 5:25 pm (IST)

If gold is ancestral or has been in possession for long,no explanation is needed. No clarification required on what we call streedhan: Naidu pic.twitter.com/K4bpt5hmYk

Congress is misleading country by saying internet banking is not secure. Congress is huffing and puffing the way people are supporting Modi over demonetisation, says Union Law Minister Ravi Shankar Prasad

Dec 1, 2016 5:16 pm (IST)

This demonetisation will result into jobless economy, says Congress

Dec 1, 2016 5:15 pm (IST)

Retailers are suffering as a result big players like Walmart will gain, says Congress

Dec 1, 2016 5:08 pm (IST)

IT department seizes over Rs 4 crore in new currency notes after searches in premises of two individuals in Bengaluru.